Supervane Ltd

Supervane Ltd from Hatfield UK is a small, active company founded nine years ago. With four employees and £607,243 in assets, it operates from a real address and is led by one director and owner. The company boasts a 5.0 Google rating from nine reviews and runs an e-commerce site. It regularly imports machinery, boilers, and mechanical appliances; parts, with 40 months of import activity recorded, the latest in January 2025. It also exports these same items, with 67 months of export activity, also concluding in January 2025.

The company’s website, while not fully detailed, suggests a focus on wholesale and retail of machinery and equipment, potentially catering to industrial clients. It's likely that they operate in a competitive market, relying on their e-commerce presence to reach customers.

Financially, Supervane Ltd presents a mixed picture. Current assets have increased by 12% to £610,000, while net assets have dramatically decreased by 210% to -£46,000. Bank borrowings have been reduced by 66%, falling to £10,000, and cash reserves remain steady at £27,000. Creditors have increased by 34%, reaching £640,000, and trade debtors have risen by 13%, reaching £130,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant decline in equity is concerning. The company's retained earnings and accumulated losses have also seen a considerable drop. With no auditor mentioned, the figures are unaudited.

The decrease in administration support employees, from four to three, may indicate efforts to streamline operations. The company’s financial statements have been prepared on a going concern basis, despite liabilities exceeding assets, with directors providing support until a net assets position is reached. The company is likely facing challenges in maintaining profitability, but its established import and export activities suggest ongoing business.

Registered in England/Wales under the registration number 09974756, with a registered address at AL10 8FF, England, Hatfield, Hattech Business Centre, Beaconsfield Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.